Point in time view as at 04/02/1997.
Housing Act 1985, Section 159 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)A disposal, whether of the whole or part of the dwelling-house, is a relevant disposal for the purposes of this Part if it is—
(a)a further conveyance of the freehold or an assignment of the lease, or
(b)the grant of a lease (other than a mortgage term) for a term of more than 21 years otherwise than at a rack rent.
(2)For the purposes of subsection (1)(b) it shall be assumed—
(a)that any option to renew or extend a lease or sub-lease, whether or not forming part of a series of options, is exercised, and
(b)that any option to terminate a lease or sub-lease is not exercised.
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